Bank of Ayudhya (Thai ：ธนาคารกรุงศรีอยุธยา， English: Bank of Ayudhya), commonly known as Krungsri (Thai ：กรุงศรี）， is a commercial bank in Thailand, founded in 1945 and headquartered in Ranawah County, Bangkok.

History

Bank of Ayudhya was founded on January 27, 1945. It was originally headquartered in Ayutthaya, the ancient capital. The Bangkok branch is located in the company corridor road, with a registered capital of 1 million baht. The founder is Li Muchuan, the founder of the Chinese business family Lattanarat family. In 1948, the headquarters of Ayutthaya Bank was moved to Anuon Road, Bangkok (Thai ：ถนนอนุวงศ์）， In 1950, it was moved to Lampongchai Road (Thai ：ถนนลำพูนไชย）。 In 1970, it was awarded the Royal Thai Family Certification and moved its headquarters to Benji Road. In 1977, it was listed on the Stock Exchange of Thailand.

On January 3, 2007, General Electric Capital, a subsidiary of General Electric of the United States, and Ayutthaya Bank became a strategic partner. The shareholding ratio of General Electric Capital was 33%; in September 2012, General Electric reduced its stake to 25.33% through a series of block trades.

On July 3, 2013, Japan's Mitsubishi UFJ Bank decided to acquire a 75% stake in Ayutthaya Bank for up to 560 billion yen (US $5.61 billion). The Rattanak family continued to retain a 25% stake in Ayutthaya Bank. On January 5, 2015, the Bangkok branch of Mitsubishi Tokyo UFJ Bank officially absorbed and merged with Thailand's Ayutthaya Bank, replacing General Electric as the majority shareholder. This is the first time that a Japanese bank has included a large bank from other Asian countries, and the combined loan balance ranks fifth in Thailand.